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Water Views
Address
307 Atlantic Ave Atlantic City, NJ
Price
$ 1,375,000
Property Attributes
  • MLS#521024
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style11 - 20 Units
  • Price$ 1,375,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
WEICHERT REALTORS ASBURY GROUP-AC
Property Description

EVERYTHING IS NEW IN THIS BLDG!!!! Fully renovated 12 unit apt bldg, NO EXPENSE SPARED!! Features six 1bdrms and six 2bdrm newly renovated apts. Without a doubt the nicest multi unit bldg for sale in the city. Owner spent the past several years gutting it to the bare bricks before starting the renovations. We have a photo album & CD with Videos of the work being done along the way, all income and expenses have been verified, lead base paint, elevation cert, etc are all available to qualified buyers. The location is in ideal walking distance to Beach and Boardwalk, Hard Rock & Ocean Resort Casino, The Showboat, Absecon Lighthouse, Historic Gardner's Basin, Atlantic City Aquarium, & the Inlet. Price includes new parking area behind building currently under way, and all public transportation is available out front of the building. Everythig is new on this building, it has new roof, windows, front facade, PVC fence, sidewalks, fire escape, 3/4 CDX sub floor, sheetrock, mold resistant drywall, framing, insulation, smart vents, flooring, tile, kitchens, bath, appliances, water heaters, fire monitering system, Comcast Main & Verizon Terminal, tubs, sinks, garbage disposal, gas lines, water lines, sewer lines, drain lines, plumbing, electric (13 Meters, 100amp each apt), and utilities. EVERYTHING ALL NEW!! Collect rents with no ongoing repairs, low taxes & flood ins. 9 Units allready rented out!! 10.5% CAP if fully rented, Perfect for 1031 tax exchange or investment property.

Price History
4/18/2019 Listed $1,300,000

General Features

Class MULTI-FAMILY
Listing Area Atlantic City
Status Active
Status Active
Type 11 - 20 Units

Interior Features

# of 1 Bedroom Units 6
# of 2 Bedroom Units 6
# of Units 12
Appliances Disposal, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
Basement Crawl Space
Heating Baseboard, Electric
Other Rooms Laundry/Utility Rm
Water Heater Electric

Exterior Features

Driveway Stone
Exterior Brick, Stucco
Garage None
Lot Dimensions 39 x 100
Outside Features Curbs, Sidewalks
Separate Meters Electric, Gas, Heat, Hot Water, Cable TV
Sewer Public Sewer
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08401

Price
AVG $420K
$1.38M
Visits
AVG 37
19
Walkscore
AVG 76
79
Data Provided by Walkscore ® not using MLS data

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